NOT LISTED FOR SALE

2877 S Farrell St Chicago, IL 60608

Bridgeport Neighborhood

Estimated Value: $358,351 - $423,000

2 Beds
2 Baths
1,100 Sq Ft
$347/Sq Ft Est. Value

Last Sold April 24, 2013

Last sale price $152,000 $138 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $2,436/month

10 Days on Market

Highlights

  • Formal Dining Room
  • Central Air
  • 4-minute walk to Bosley Park

About This Home

As of April 2013

BANK OF AMERICA CO-OP SHORT SALE. CAN CLOSE FAST! JUST NEED A BUYER! MOVE INTO DESIRABLE BRIDGEPORT! 2 BEDROOM + DEN, 2 BATHS SINGLE FAMILY HOME WITH RECENTLY FINISHED BASEMENT. CENTRAL AIR, HEAT, ROOF, ELECTRIC, PLUMBING, DRYWALL, FLOORS, WINDOWS, BATHS & KITCHEN- ALL DONE ABOUT 5-6 YEARS AGO. SLIDING GLASS DOOR IN DEN LEADS TO 16X20 PATIO DECK. 2 YR OLD GARAGE, IRON FENCE & FULL SIZE YARD. ONLY 1 LOAN

Last Agent to Sell the Property

Joanna Lewkowicz

Boutique Home Realty License #471018027 Listed on: 01/15/2013

Last Buyer's Agent

Larry Eng

Richland Properties and Homes License #475149592

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,275

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

  • Formal Dining Room

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$5,275

Lot Details

0

Interior Features

  • Total # Of Rooms: 6
  • Basement: Full
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 08X15
  • Master Bedroom Flooring: Wood Laminate
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 07X15
  • Second Bedroom Flooring: Wood Laminate
  • Living Room Level: Main Level
  • Living Room Size: 14X12
  • Living Room Flooring: Wood Laminate
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 16X12
  • Dining Room Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 12X15
  • Kitchen Flooring: Ceramic/Porcelain Tile

Exterior Features

  • Foundation: Concrete
  • Lot Size: Standard Chicago Lot
  • Exterior Building Type: Frame

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Forced Air

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 125X25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2013
Closed on
May 28, 2013
Sold by
Ngai Elki
Bought by
Ngai Kwol Man
Seller's Agent
Joanna Lewkowicz
Boutique Home Realty
Buyer's Agent
Larry Eng
Richland Properties and Homes
List Price
$145,000
Sold Price
$152,000
Premium/Discount to List
$7,000
4.83%
Current Estimated Value
$381,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,338
Avg. Annual Appreciation
7.62%

Purchase Details

Listed on
Jan 15, 2013
Closed on
Apr 24, 2013
Sold by
Walter Sajit and Walter Karen
Bought by
Ngai Kwo Man and Ngai Elki
Seller's Agent
Joanna Lewkowicz
Boutique Home Realty
Buyer's Agent
Larry Eng
Richland Properties and Homes
List Price
$145,000
Sold Price
$152,000
Premium/Discount to List
$7,000
4.83%

Purchase Details

Closed on
Nov 7, 2005
Sold by
Olszewski Christopher and Olszewski Sherry M
Bought by
Walter Sajit and Walter Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2001
Sold by
Olszewski Christopher P
Bought by
Olszewski Christopher P and Sarna Sherry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.95%

Purchase Details

Closed on
Sep 29, 1999
Sold by
Niemiera Edward and Lubas Bernice
Bought by
Olszewski Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,350
Interest Rate
7.9%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ngai Kwol Man -- None Available
Ngai Kwo Man $152,000 None Available
Walter Sajit $260,000 Ticor Title
Olszewski Christopher P -- Chicago Title Insurance Co
Olszewski Christopher $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walter Sajit $260,000
Previous Owner Olszewski Christopher P $85,000
Previous Owner Olszewski Christopher $50,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2013 04/24/13 Sold $152,000 +4.8% $138 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
01/15/2013 01/15/13 For Sale $145,000 -- $132 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,275 $24,000 $13,498 $10,502
2023 $5,142 $25,000 $11,400 $13,600
2022 $5,142 $25,000 $11,400 $13,600
2021 $5,027 $25,000 $11,400 $13,600
2020 $4,335 $19,458 $9,120 $10,338
2019 $4,344 $21,620 $9,120 $12,500
2018 $4,271 $21,620 $9,120 $12,500
2017 $3,272 $15,199 $7,125 $8,074
2016 $3,044 $15,199 $7,125 $8,074
2015 $2,785 $15,199 $7,125 $8,074
2014 $3,159 $17,025 $5,700 $11,325
2013 $2,618 $17,025 $5,700 $11,325
Source: Public Records

Agents Affiliated with this Home

  • Joanna Lewkowicz

    Seller's Agent in 2013

    Joanna Lewkowicz

    Boutique Home Realty

    (708) 630-1147

    206 Total Sales

    Joanna Lewkowicz
    Section Image
  • Larry Eng

    Buyer's Agent in 2013

    Larry Eng

    Richland Properties and Homes

    (312) 804-2828

    6 in this area

    16 Total Sales

    Larry Eng
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08251574

Midwest Real Estate Data (MRED)

APN: 17-29-412-035-0000

Illinois Cook County Chicago 60608 Bridgeport

2877 S Farrell St, Chicago, IL

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